<ul data-eligibleForWebStory="false"><li>Shiba Inu's price action turns bullish after breaking out of a descending channel, with support at $0.000011 and resistance at $0.000014.</li><li>CoinCodex predicts SHIB could reach $0.00001254 by July 6, showing a potential 8% ROI over the weekend.</li><li>Over 1.3 billion SHIB coins were burned in a week through the ShibTorch portal, contributing to a long-term supply reduction narrative.</li><li>The community-driven burning method on Shibarium network aims at reducing circulating supply, signaling long-term optimism for Shiba Inu.</li></ul>

Shiba Inu (SHIB) Set for 8% Weekend Jump: Here’s the Key Price Level to Watch

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